Property consultants JLL Portugal says that house sales have been continuing through March and beyond despite the Covid-19 pandemic and State of Emergency. Since 13 March it has completed 10 new [...]

The Portuguese government has suspended rent payments during the pandemic. The measures proposed by the Government were passed by parliament on Thursday and will stay in force during the state of [...]

Portugal’s national carrier took the decision to lay off 90% of its workforce for at least the next 30 days. The measure, which may or may not be renewed depending on the situation regarding the [...]

Portugal’s President Marcelo Rebelo de Sousa says that the economic and social effects of the Covid-19 pandemic will be tough and long-lasting. In an address to the nation on Thursday, in which [...]

The Portuguese stock market regulator CMVM has admitted that it will put a stop to short selling on the Lisbon stock market as shares take a tumble because of the coronavirus pandemic. There are [...]

The Portuguese president of the group of EU finance ministers, Eurogroup, is to meet with its representatives on Tuesday to look at member state options in counteracting the effects of Covid-19 [...]

The Government has decided to press forward with an order to suspend rental contracts due to expire in a move to protect families during the coronavirus pandemic. “It is our duty not only to face [...]

The president of Portugal’s Hotel Association says that at least 50% of the country’s hotels will likely close from this week. The AHP’s Raúl Martins estimated on Friday that the hotels would be [...]

The coronavirus outbreak is posing a major and unprecedented challenge to the Algarve, Portugal’s main tourism destination and with an economy that relies mostly on tourism. With the number of [...]

Following a raft of measures announced by the Portuguese government to help struggling companies, monthly social security contributions have been suspended from 20 March. Company national [...]